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Now that the cryptocurrency markets are experiencing their most successful month of the year, traders are searching the DEX marketplaces for top cryptocurrency gainers who could provide them with rapid profits. Bitcoin (BTC) concluded September with a gain of 7.35%, finishing in the mid-$63,000s.
That is really remarkable since September is often one of the most difficult months for Bitcoin during the year. Only 3 times since 2014 has Bitcoin ended September with gains. On average, its return has been -4.4%.
But that's a different story for October. Seven of the last nine Octobers have been favourable since 2014. The average monthly return for Bitcoin in October since its launch has been 27%.
Crypto Gainers Today
1. UPTOBER
Price: $0.001970
Volume: $11.3M
Liquidity: $195K
Market Cap: $1.8M
A brand-new Solana meme coin named just that has been receiving notice and is currently among the top cryptocurrency gainers. UPTOBER has increased by 3,000% over the last day, according to DEXScreener, and now has a $1.8 million market capitalization.
Traders that purchased UPTOBER immediately after it started may have profited up to 30 times. This highlights the appealing nature of DEX markets perfectly. However, they can provide investors with enormous profits if they manage to capture the moment, even if only for a moment.
2. FIC (Fish in Condom)
Price: $0.002524
Volume: $7.2M
Liquidity: $215K
Market Cap: $2.5M
At the beginning of the week, Fish in Condom (FIC), another Solana shitcoin, is doing properly. FIC's market value per DEXScreener reached $1.5 million after experiencing a recent surge of around 1,100%.
The DEXScreener user community seems to be interested in the meme coin. Nearly all recently released meme coins are frauds or some kind of pump-and-dump operation. FIC could quickly drop 90% or more if a whale decided to cash out with just over $160,000 in liquidity.
3. NOTDOG
Price: $0.00002747
Volume: $4.7M
Liquidity: $138K
Market Cap: $2.7M
Finally, NOTDOG is a name worth considering on the list of the top cryptocurrency gainers of today. Since its Monday launch, NOTDOG has increased its market capitalization by 150,00%; per DEXScreener, it was valued at $2.7 million.
It doesn't seem to be a fake coin, similar to the other coins on this list. But in the DEX markets, it's never really possible to tell. Never take on more risk than you can afford to lose.
Possibly a better strategy would be to purchase meme coin presales. Presales typically last a few weeks, giving potential investors additional time to learn about a project before committing.
